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U.S space companies aim to help Brazil rocket base lift off

Reuters  |  BRASILIA 

By Anthony BoadleBRASILIA (Reuters) - U.S. companies eager to tap into the fast-growing market for low-cost satellite launches could become the first customers when Brazil's Alcantara space center near the equator opens as a commercial spaceport, executives and Brazilian officials said.Aerospace titans Boeing Co and Lockheed Martin Corp in December visited the Alcantara space center, but the Brazilian space agency's launch site is especially attractive to smaller firms because its equatorial location cuts fuel costs by a third.Still, Brazil's aim of becoming a hot new hub in the space ...

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First Published: Fri, March 09 2018. 02:04 IST